InvestorsHub Logo
Followers 28
Posts 2610
Boards Moderated 0
Alias Born 01/06/2009

Re: H8ster post# 27736

Friday, 11/30/2012 2:24:43 PM

Friday, November 30, 2012 2:24:43 PM

Post# of 130743
I think the wall has been there to discourage the occasional buying at this point, in order to allow the bid side (sentiment) to grow, overwhelm the wall and create a higher more agressive run, yielding a larger return. MM's want the volume, not the long term gain. It needs to be timed with the company's release of important info. though and that's why we're stagnant (lack of bid).
Unless there's enough $ put down by a few new eyes to move the wall, it will stay here or near.

Friday opinion FWIW.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.